Despite the frequently occurring bearish trend in May, Zcash has recorded remarkable success. While other assets have struggled to stay afloat in the declining crypto market, ZEC has recorded trading values of above $385 USD, despite opening the month with a trading value of $293.5.
The run for Zcash has been halted by the bearish trend. As at the time of this writing, Zcash is trading at $304 USD, following a 10% price dip in the last 24 hours. Zcash is now the 21st largest cryptocurrency with a market cap of $1.21 billion USD.